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Monday, June 15, 2015

Seized Ferrari Collection of London Crime Boss Goes to Auction

BOLD RIDE

Copyright © 2015 Bold Ride LLC.
 
ferrari-enzo-seized-auction

A trio of prized Ferraris will cross the auction block later this month at the Goodwood Festival of Speed. Their pedigree is indisputable, their looks are heart-stopping, though their provenance may be a bit too nefarious for some tastes. 
 
That’s because these Ferraris are the confiscated property of London crime kingpin Alexander Surin, once referred to as ‘Don Car-leone’ for his extensive collection of luxury vehicles.

 UK authorities began seizing his assets in 2009, which also include bank accounts and houses. Surin, now living in Dubai, will witness his Ferrari collection go to auction on behalf of the UK’s National Crime Agency, with proceeds going to the public purse.


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And what a collection it is. The National Crime Agency has listed Surin’s 2008 Ferrari 599 GTB Fiorano to the auction, as well as a 2009 Ferrari California, a 2004 Ferrari Enzo, and a 2004 Rolls-Royce Phantom. Bonhams values the entire four car collection at between $1.15 million and $1.54 million, with the bulk of that value coming from the rarified Enzo supercar, of which only 400 were ever built. Surin’s example shows a recorded 1,285 miles on the odometer.
 
The Ferrari 599 and California are also noted to be extremely low mileage examples as well, showing a scant 82 miles and 137 miles respectively. While a bit more leisurely than the sporty Ferraris, a recent NCA report mentions that Surin’s Rolls-Royce Phantom was recovered with no less than £800,000 in cash found in its trunk (around $1.24 million at today’s rates).


rolls-royce-phantom-seized

The National Crime Agency will sell the cars at no reserve and stands to raise substantial funds from the collection. In total, the NCA valued all of Surin’s captured assets at over £4.5 million ($6.98 million), including a Range Rover and Bugatti Veyron which had been previously sold.

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